Developing Management and Leadership Skills

This report discusses the importance of developing management and leadership skills in businesses. It includes an analysis and comparison of leadership and management, key performance metrics of the organizational sector, and organizational leadership and management performance. The report focuses on the role of leadership and management in the success of Marks and Spencers, a British multinational retailer.

Developing management
and leadership skills

Table of Contents
Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Analysis and comparison of leadership and management..........................................................1
Key performance metrics of organizational sector.....................................................................4
Organizational leadership and management performance..........................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
Leadership skills are referred to skills that are used in organizing employees to reach a
planned goal of company. As leadership skills are strength as well as abilities of individuals that
demonstrates in helping oversee processes, directing initiatives as well as steering company’s
employees towards accomplishment of planned objectives. Leadership skills are considered to be
an important element in positioning executives for making thoughtful decisions about company’s
mission as well as goals along with properly allocating resources to achieve them in directives.
Whereas management skills are referred to a collection of capabilities which includes elements
like business planning, problem solving, delegation, decision making as well as time
management. It is basically a practice of understanding, developing and deploying individuals
and their skills in businesses. As well implemented management skills always require job roles,
skills of employees for carrying out effectiveness in businesses. As effective management skills
are considered to be e vital element of for every business company for succeeding and
accomplishing their goals as well as objectives. a manager who fosters effective management
skills are capable to propel company's mission along with its mission as well as business goals
with higher efficiency. Leadership and management skills are sometimes used as an
interchangeably which involves planning, decision making, communicating and time
management. good managers are always said to be good leaders of their company as well. It is
important for business to use both leadership as well as management skills for having higher
performance in their company. This report is based on developing leadership and management
skills of Marks and Spencers, which is British multinational retailer company that deals in in
home products, food products along with selling clothing mostly of its own brand. This report
includes analysis and comparison of leadership and Management, key performance metrics of
organization sector, organizational leadership and management performance along with its
conclusion.
MAIN BODY
Analysis and comparison of leadership and management.
Management consist the group of individuals works on the effectiveness and growth of the
organization by controlling the activities and growth of the people in the organization.
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Leadership refers to the ability of the individual that helps to gain better objectives and motivates
other individuals to perform in most effective manner. An effective leader helps the individuals
to works on the goals and objectives in effective manner so that they can provide effective
performance and growth to the business. It helps the leaders to provide effective tools and
techniques that provide better growth and enhancement of goals and objectives in the market.
Leaders helps organization in the effective management of people so that they can provide
growth and success to the business in the market. Effective leadership helps to gain better
objectives and enhance the level of effectiveness in the market. They include the management to
work in effective manner so that effective performance can be provide. In the context of Marks
and Spencers, management and leadership in the business help the company to gain better
outputs and achieve the objectives in the marker. Leaders of the company ensure that they
provide motivation to the employees of the business so that they can achieve goals and
objectives in the market in most effective manner. Below is the comparison of leadership and
management in the context of Marks and Spencers.
Basis Leadership Management
Definition Leadership refer to the ability of the
individual to influence, motivate
and encourage people towards the
achievement of goals and
objectives in most effective
manner. This helps organization to
gain success and profitability by the
effective performance of the
individual in the organization.
Management refer to directing and
controlling people for the
effectiveness in the performance and
achievement of goals and objectives
in most appropriate manner.
Management of Marks and Spencers
helps its business to gain better
growth and achieve of competitive
advantages in the market.
Personality style Leaders in the business are often
brilliant and mercurial with the
great personality that motivates
other and encourage them towards
the achievement of goals and
objectives in most effective
manner. This helps the business to
Management of the company tend to
have under control problem solving
nature in the business. They often
focus on the achievement of goals
and objectives of the business so that
effective growth can be achieve by
the business and growth can be
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gain effective growth and ability to
enhance the level of employee
performance and growth in the
market. Leaders of Marks and
Spencers ensure that they provide
effective growth and enhancement
of goals and objectives in the
business for the effective growth in
the market.
ensure. This helps the business to
gain effective profitability and
success in the market. Achievement
of goals and objectives of the Marks
and Spencers in order to provide
better objectives and growth in the
market. Also management ensure that
they provide effective level of
performance in the market so that it
can help in better growth and
achievement of goals and objectives.
Orientation Leaders in Marks and Spencers are
people oriented and help other
employees to gain effective
performance in the business. Also
they provide them guidance that
help them to gain better growth and
enhancement of goals and
objectives in most effective
manner.
Management of Marks and Spencers
is task oriented that provide better
achievement of goals and objectives
to the people with the use of effective
services and growth in the business.
Management ensure that they gain
effective growth of the business by
the use of strategic planning that help
business to gain better objectives and
growth in the market.
Approach to the
task
Leaders look at the problems and
provide creative and new solution
that help to gain better objectives
and growth in the business. Marks
and Spencers have leaders that
promote effective business growth
and provide solution of the
problems they are facing in the
market. Also this helps to gain
better growth and achievement of
Managers of Marks and Spencers
create strategy and policies that helps
the business to gain competitive
advantages and growth in the market.
They empower people by provide
them view of goals and objectives of
the business needs to achieve for the
better growth and success in the
market. That help the business of
Marks and Spencers to gain better
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goals and objectives in the market. growth and achievement of goals and
aim.
Approach to the
risk
Leaders of Marks and Spencers
have risk taking approach that help
to gain better growth in the future
and enhance the performance of the
employees so that they can provide
effective growth and achievement
of goals and objectives.
Management of Marks and Spencers
ensure that they reduce the level of
risk so that business can gain
effective growth and enhancement of
goals and aims of the business. They
make effective strategies that provide
effective growth to the business and
gain better objectives in the market.
Key performance metrics of organizational sector.
Marks and Spencers has its footprints in all over the world with the high number of the
stores that provide product and services with high quality and customer satisfaction. Company
works in retail sectors and promote its business in different countries. The aim of the business is
clear that they need to provide services that helps their customers to gain effectiveness in
customer experience and growth of the business in the market. For the some year brand is
struggling with the clothing segment that often set in the business by the use of success of its
food business. Though food retailing in the UK has huge competition level with the use of
effective services they provide in the business and gain of goals and objectives in the market.
However with the gross profit of 30% company stands to stay in the market of the UK and other
countries so that effective growth can be achieved in the business with the use of effective
planning and generation of data.
Over the past decades Marks and Spencers annual food sale of the business have raise from
the revenue of 3.98 billion euros to 5.67 billion euros. This helps the business of the company to
gain better objectives and growth of the business in the market. Also its share increase from 46%
to 53% over the same time. With the food retailing Marks and Spencers also works on the
effectiveness and growth of the store of cloths so that they can gain better growth in the market
with the use of effective network in the global business market. Company focus on effective
growth and management of revenue in the market so that they can perform in most appropriate
manner. This helps the business to gain effective growth and enhancement of performance in the
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market and enhance the level of effectiveness in the market. There are various challenges that
business of Marks and Spencers face and this has impact on the level of customer base they have
in market for the development of goals and objectives and growth in most effective manner.
Organizational leadership and management performance.
Leadership performance of Marks and Spencers:
Leadership refer to the management of people in the organization in most effective
manner so that effective growth and achievement of growth can be achieved in the market.
Leaders of Marks and Spencers ensure that they provide effective growth to the employees and
motivate them for the effective performance so that effective growth can be achieve in the
market. Leaders of company ensure that they monitor the performance of their team members so
that effective outcomes can be achieved in the business and gain of proficiency of the business
can be gained by the people in the business. Leaders provide effective planning of the task and
the activities so that they can perform in most appropriate manner. Also this help to gain better
growth in the competitive market and help to enhance the level of profitability of the business in
the market. Below are various role plays by the leaders of Marks and Spencers in order to
provide effective performance to the company.
Role of the leaders:
Motivator: leaders in the Marks and Spencers play the vital role by being motivator to the
other employees and staff members. They provide guidance to the employee so that they can
perform in most appropriate manner and that help to gain better growth and achievement of goals
and objectives in the market. Leaders ensure that monitor the performance of the individuals in
the business so that effective growth can be achieve in the business. Providing employee
motivation can help them to perform in most appropriate manner so that effective growth can be
achieve in the market.
Communicator: leaders of Marks and Spencers play the role of effective communicator in
the business by provide all the information to the employee that can help them to achieve the
goals and objectives in the business and gain better knowledge and efficiency of the business in
most appropriate manner. Also this helps the staff members to understand about the various aims
and objectives of the business so that effective growth can be achieved in the market. Also this
helps employees to understand about the various role they need to perform to get effective
growth and enhancement of goals and objectives in most appropriate manner. Providing
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knowledge and information about the goals and objectives of the business helps employee to
have insight about the performance they needs to provide for the achievement of those goals and
objectives of the business.
Management performance of Marks and Spencers:
Management of the company make effective strategy and planning that helps to gain better
growth in the market. They provide insight about the competitive brand in the market that could
impact the level of profitability of the business and make effective strategy that can help to
enhance the level of growth and fulfilment of goals and objectives in the market. Company
works for the effectiveness and growth of the customer base in the market and manager of the
business ensure that they provide effective growth to the business so that effective growth can be
achieve in most effective manner. Managers also focus on the marketing strategy of product and
services in the market so that they can promote the business to the target market with the use of
effective growth and enhancement of goals and objectives of the business in the market.
Managers also focus on the level of effectiveness and growth they provide in the business so that
effective outcomes can be achieve in most appropriate manner. Below are various role that
managers of Marks and Spencers play to provide effective performance in the business.
Planning and controlling: Managers of Marks and Spencers ensure that they make
effective plan that help them to gain effective outcomes in the future and enhance the level of
business growth. also they ensure that they control the process of planning in most appropriate
manner so that effective growth can be achieved in future. also they ensure that proper plan
should be made for the achievement of goals and objectives in the future. they make effective
strategy that help them to plan according to the situation they face in the market.
Strategy and organizing: Managers ensure that they make effective plan that help in the
growth and enhancement of goals and objectives in the market. That helps in better growth of the
business in the market and provide insight about the objectives of the business in the market.
They make effective strategy that helps to gain better growth in the business and gain better
objectives in the business. Strategy making and organizing the task ad activities in the business
helps to gain better objectives and growth in the market.
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CONCLUSION
From above report it could be concluded that leadership as well as management skills are
considered to be most valuable and essential elements of businesses which are to be performed
by company importantly. As leadership skills are said to be e strength or abilities of employees
which helps them in achieving their goals and objectives effectively. Along with that
management skills are said to be election of abilities that involves various operations of company
e that are used for or accomplishing their desired goals. This report carries a brief analysis and
differentiation of leadership with management. There is an explanation of key performance
metrics that are used in companies market for carrying out various business practices. This report
outlines essential element of organisational leadership as well as management performance of
company which are required to be carried on regular basis. This report identifies relevance of
leadership skills as well as management skills in businesses for accomplishing their desired goals
effectively in a specific period of time. It has been evaluated from report that leadership and
management skills are both contrary to each other they are said to be ee important components of
business practices for carrying out their operations. This report identifies various performance
metrics of company e which are used in corporate markets.
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REFERENCES
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